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in a dangerous game, trying to negotiate a deal to avert the fiscal cliff and using public pressure to try and sway the outcome. exhibit a, the president rallied the crowd on monday in michigan to make the point he's looking to drive home. taxes have to go up on the rich. >> so when you put it all together what you need is a packet that keeps taxes where they are for middle class families. we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> but here's exhibit b. republicans still have the majority in the house. and many conservatives say they have their own mandate in their districts to cut spending and stop the president from raising taxes. and that brings us to exhibit c republicans are determined to play the long game to win. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that have run the government for 11 days. you just got re-elected. how about doing something big that's not liberal, how about doing something big that really is about partisan. every bi
laws so this is the room w where any deal on the fiscal cliff would be born or die. we have we have new information on those negotiations in just a moment.. >> that's right, it's incredible it's incre to be here in this room. we're going to talk more about mor this a little later in the show. >> surrounded by all the photographs of all the powerful house & ways means chairmen.and >>> we want to get to some of first. the news first.g with violent ski on the other side ofn the the country, thousands of of the holiday shoppers had to ask thor yesterday as a man wearing camouflage opened fire at a mall hundreds o just outside portland oregon. police say he killed two people and wounded another, then shot another, himself to death. john blackstone is at clackamass town center. john good morning. >> reporter: good morning, norah and charlie and good morning to our viewers in the west. the christmas spirit quickly left this mall yesterday. one eyewitness said the gunman was wearing a hockey mask and bulletproof mask and calmly fire on announced he was the shooter before he
on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been consistent that it is important to address entitlement reform, something they very much want on the table if we're going to have a big deal in this fiscal cliff matter. jon? jon: on the democratic side it seems like they are holding firm on being sure that there is additional tax revenue in any fiscal cliff deal, right? >> jon, no question about that. they have been consistent from the very beginning. the president ran on the upper income americans paying more taxes as part of this deal. we heard more from chuck schumer on "fox news sunday". >> we democrats realize that there have to be two sides to this bargain but
frame necessary to reach a deal on the fiscal cliff. it's wednesday, december 12th, and this is "now." >>> joining me today, msnbc contributor and political editor and white house correspondent for the "huffington post," sam stein holding it down stag style. jane mayer from "the new yorker" is here. bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 bi
back to "hardball." there was a hint of movement on the fiscal cliff deal between president obama and speaker boehner yesterday. here's where things stand for now. the white house sent over a proposal that lowered the revenue target for the president obama from $1.6 trillion to $1.6 trillion. he also increased spending cuts to $600 billion. so you have three things he's moving on there. speaker boehner was not impressed sending over his original offer of $800 billion in revenue. by the way that was the number last summer, summer of '11. acknowledged there's a long way to go. let's listen to him. >> i remain the most optimistic person in this town, but we've got some serious differences. the president and i had a pretty frank conversation about just how far apart we are. >> and in an interview with barbara walters, the president held firm and said time is running out. >> taxes are going to go up one way or the other. and i think the key is to make sure that taxes go up on the high end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up
to help some of the nation's top business executives sell their deal on the fiscal cliff and this week the white house had a major victory on that front. the business roundtable, the group that represents some of the top business ceos changed its position and came out in support of raising the tax rate on the top 2% as part of a larger fiscal cliff deal. in a conference call today, their chairman at the business roundtable said, some executives are unhappy that we want to even mention revenues or taxes but he said everybody's got to feel a little bit like they are getting nailed and then we will know if we've got a deal. white house officials met with this group and also helped them get to this place. they said, bottom line, they knew that they thought their prospects deal was grim and this was a step they had to take to help both sides come to a deal. >> maybe it will help because a lot of these guys are very, very influential. speaking of the fiscal cliff, jessica, what did the fed chairman ben bernanke say about these current negotiations? >> well, bernanke is the man credited with
deafening on capitol hill, rahm emmanuel will join us to talk about the prospects of a fiscal cliff deal straight ahead. >>> and then he was in great health when suddenly he had a mini stroke, at just 27, frankie muniz tells us what happened to him. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. aunt sally's singing again. it's a tradition, honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ female announcer ] make new traditions ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? and with my bankamericard ca
in a different way. and women would have already brokered that deal on the fiscal cliff. >> i think, if we were in charge of the senate, and of the administration, that we would have a budget deal by now. >> reporter: do you all believe that? >> yes, without a doubt. >> yes. >> and what i find, with all due deference to our male colleagues, that women's style tend to be more collaborative. >> i think by nature we are less confrontational and more collaborative. and having us in the room and, i think, you know, all of us, not only do we want to work in a bipartisan way, we do it. >> i want you to know that soon, you'll see the whole interview with the powerhouse women of the senate. they are here to take action. and you have to see what they're going to be saying. >>> and now, we turn to that showdown raging in the heartland of the united states. perhaps no place in america more closely associated with unions than the state of michigan. and today, thousands of union workers descended on the capital to protest a new law they believe could be an ominous signal for unions and worker paychecks every
making the case, get out from behind closed doors and negotiate the terms of the fiscal cliff deal in public. let's listen. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, we're going to do this and get it out of the secret meetings and into the public venues to the american people and the congress themselves, we're responsible for making intelligent decisions. that should be done publicly. but at some point, after public debate and so forth, yes, private negotiations can help bridge the gap and bring us to a successful conclusion. >> mary, what do you think? will that be a kiss of death? >> i don't think there's time, wolf, the president has been dragging its feet. we have a few numbers of days left before we go off the fiscal cliff and taxes are raised for everybody. so speaker boehner knows a caucus, a serious, mature sober leader. he knows what his principles are. he's a principled conservative, a mainstream businessman and knows what the issues are. the house should and is largely trusting him. >> and what do
in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's ta
. another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization who knew him is completely numb and has been numb the last couple days. football is a game of emotion. a lot of different emotions circulating. somehow how some way, we have to process it all and understand that life is different than football and we had a job to do today gressiv, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. music: "make someone happy"
to a deal on the fiscal cliff? that up next. >>> and the pope takes to twitter, and here is what he tweeted. he said, listen, writing my sunday morning sermon. going to be a good one. rotfl. of course he didn't say that, he's the pope. what's wrong with you, john berman? we will tell you what the pope said in his first tweet, straight ahead. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazin
to the fiscal cliff, the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. what does matter, believe he, i mean what's going to happen if we do nothing except keep things exactly the way they are now, and just vote to undo the cliff? the rating agencies, they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that the agencies are ridiculous. when our credit rating got downgraded last summer, well, bonds went up in price and down in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are? and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go higher and no one will care, for now. but he told us that's not going to happen, and he got re-elected. why doesn't the president get off
, but america may fall off the fiscal cliff this week. the deadline to get a deal done just moved up. we'll tell you why and what it means for your wallet. >> steve: meanwhile, it is one of the most famous stories from the bible and this morning, the guy who discovered the titanic wreck says he's got proof noah's ark was real. i don't think that's picture of it, but you got to hear the story. "fox & friends" hour two for tuesday starts right now. >> steve: welcome, everybody. eric, do you have your christmas tree up yet at at "the five" sh. >> eric: we have one up and we have a menorah as well. >> steve: 'tis the season. very nice. we have three, at least three christmas trees in the hall. if you don't count those concal things. >> gretchen: people were e-mailing, where is the christmas tree. >> steve: there is one here and one behind me. >> gretchen: and one in the shot. >> steve: jolly old ted. >> gretchen: is it there now? yeah. we have a lot. >> gretchen: oh, my goodness. to think i didn't notice that this morning. >> eric: take the menorah shot. there we go. >> steve: properly lit. >> gretc
the fiscal cliff all the time. we know it's a big deal. but maybe there are some signs that it's an even bigger deal at this point. there's a story on the money section of the "usa today" talking about investors peering over the cliff at this point. the markets have kind of hung in. now there is this concern that if there's not some sort of movement, or some signs of movement pretty quickly, maybe the market also react. and then there's also the story on the front page of "the wall street journal" talking about how consumer spending is finally showing some signs of cracks. now we know that when first -- we first saw things starting out right after thanksgiving it was pretty strong sales. now the reports have been more mixed. on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because
to deal with the fiscal cliff is to have a true fiscal reform package that i hope would be in the range of $4 trillion, $4.5 trillion, so we can put this issue behind us and really begin this next year with it in the rear-view mirror and our economy taking off because we've shown the world that we've actually dealt with these issues and people in our country would have the confidence to invest -- to invest here in our country because they know we in washington have been responsible in that way. one of the big discussions that's taking place right now is revenues, and, really, i think at the end of the day, we're going to come to a conclusion very soon that it's probably time for us to go ahead and rescue the 98% of the country that's been caught up in all of this. and my sense is we're going to have some resolution to that in the -- in the very near future. what i have found is, and one of the reasons that we don't have a solution, is that people on both sides of the aisle are focused over here on the revenue side, but so far there really has been almost no discussion on the entitlement
could tumble off the so-called fiscal cliff if washington can't strike a deal. so with the clock ticking and the stakes so high, both the white house and republican leaders are tamping down their fiery rhetoric. listen to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> brianna keilar is at the white house. brianna, are meetings going on outside of the public's view? is that your understanding? >> reporter: well, there are discussions. that is what we're told. as we understand it, obviously, the last meeting between the president and speaker boehner was on sunday. but we're told by both the white house and the speaker's office that discussions are ongoing, so, obviously, they can all pick up the telephone, and that, quote, the lines of communication are open. this is thing we're hearing over and over again. but make t
forfeit their paychecks and health care benefits until a deal is reached on the fiscal cliff. if nothing is worked out, there's a two-year 15% pay cut for both the president and capitol hill lawmakers. so far, more than 10,000 people are signed on board for that. time now for the big three and the topics, face-to-face history in the makings and the must read. we bring in the panel. aaron, msnbc contributor robert tray numb and adviser to the hillary clinton and al gore campaigns, doug. doug, i want to start with you. the first topic is face-to-face. what can be accomplished in the one-on-one negotiations between president obama and speaker boehner when you consider friday speaker boehner said the negotiations are nowhere? >> the pressure really is on the speaking and the house republicans. it's quite clear in the polls and everybody knows they are the ones standing in the way of tax relief for middle class working people just because they want to hold that hostage to tax cuts for the 2% richest people. he could, in that meeting, meet the president half way right off the block. say okay,
the president will get serious when wh it comes to the fiscal cliff talks. meanwhile, nbc's first read team says any deal reached should be a fragile one or could be. "news nation" is coming up in three. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99.
fear of republicans we cut a deal in the short term on fiscal cliff without any real spending reform or tax reform and won't have enough time or political will to get the real reforms that need to take place and republicans raise taxes and get no spending cuts. >> that's the biggest fear of democrats we don't deal with thi this. >> eugene, we were showing the tape of harry reid. we write, republicans must wise up. the biggest problem the republican party faces is not uninspiring candidates or unsound tactics, it is unpopular ideas. >> good lord, gene, you have just written a column i disagree with even more than jeff gre greenfeld's column. it will be one of the better segments. we can talk about that for five hours. keep reading, i can't wait to hear what's next. >> this reality was brought home in last month's election and playing out in the struggle over how to avoid the fiscal cliff and we will see it again in coming fights of immigration and entitlements and a host of other things. the sad thing is republicans get this stuff so wrong that democrats aren't even forced to go to th
cliff tax hikes. where's the largic of this position or is it just hypocritical sweetheart deal stuff? >> i don't agree it's a tax killer. the taxes are put into place that the sectors of health care benefit reform, insurers, hospital, medical device companies hoar going to see gain when you have 30 million americans going into the health care system that they also help keep the law sustainable. >> but, wait, i don't understand. we're talking about taxes. come back to the main point. the main point is why are these 18 democrats suddenly opposed to a job killing tax, particularly elizabeth warren, particularly al franken, who are two lefty liberals who love high taxes. is it because, a, they've seen the logic of supply side economics or, b, they're hypocrites because they're just trying to protect their own companies in their own states? >> they have the medical device lobby in their back yard, that's who they're listening to. if they don't want to do this tax, bits $30 billion over ten years to fund the health care expansion, they should find $30 billion of new revenue. if we keep the
the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worri
these numbers? two, can he use these numbers to bolster his case for a deal on the fiscal cliff? >> the answer first of all, f they were to dahl me i would say don't take a victory lap because it's 7.7% unemployment. if you are under employed or you have stopped looking or don't have a job at all, you don't want to here that this is happy days are here again. >> bill: you he we are moving in the right direction? >> right. >> we have made progress but we have a long way to go. there are too many people out of work. >> the last thing we want to do is as the congressional budget has said if we go over the fiscal cliff, it will increase unemployment to 9%. this is thought the time for the cliff to go into effect. it's why everyone is saying don't do this. long time, too big of a deficit reduction. we need something longer term and more gradual. >> that's his argument. this gives him a lot more ammunition, it seems to me, in dealing with a congress saying this proves that we are moving in the right direction and the worst thing we could do would bring everything to
, it will be a big deal. >> who's on the show this morning? >> we'll be talking inside these fiscal cliff negotiations. top lieutenants on both sides, kevin mccarthy for speaker boehner and dick durbin, senator durbin, white house ally, and we'll touch on sir, yeah an ongoing crisis and a lot happening this week on that. newt gingrich joins our roundtable as well. the press pass up there we have rick santorum who has things to say about how this fiscal cliff negotiation is going. >> all right. sounds good, david gregory, thank you for joining us. >> see you in a few minutes. >>> let's go to chuck now. we're dealing with fog and slick roads out there. >> good morning, you guys. good sunday morning, everybody. today will not be the prettiest day to be outside. we'l >>> the national zoo says one of its bears may soon give birth. here's a picture of billie jean, andean bear, and she's pregnant with two small cubs. the vets say she built a nest and staying inside a little more. she's also eating less. they say that that's, you know, pretty much the same way she acted the last time that she gav
, the fiscal cliff, the dividend tax rate, a power company ceo will tell us about his biggest concern if a deal doesn't get done by the end of the year. >>> also, what the ceo of walmart thinks about that, as well. he had really explosive data. mike duke last night. we'll bring it to you. "squawk box" is coming back. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased spe
. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to w
and resolve it so the country doesn't go over the fiscal cliff. >> where's congress right now? they're home. where's congress most of the time? at home. president obama is going where the votes are. he's going to lobby members of congress. where theically ay live and whe work. also, he has long opposed right to work laws. he believes they undermine wages for our workers and undermine benefits so he's also right to go to michigan and stand up for worker's rights. >> he's not negotiate, he's pressuring. president obama is working on the philosophy, this line attributed sometimes to al capone, you get more with a kind word and a gun then you get with a kind word alone. what he's doing is, he's got the advantage, the upper hand, putting his gun on the table. this is not about negotiation. he's not interested in an answer with republicans. he's interested in breaking the republicans on the tax pledge. that's his goal and he's applying pressure to attain it. >> we'll see if he succeeds or fails. thanks, guy, so much. >>> a crash in gas prices as americans hit the roads for the holidays. up next,
on the fiscal cliff in washington, d.c. with the clock ticking away just days left for congress to reach a deal. are we any closer? >>> plus, a staple in hundreds of thousands of african-american homes for decades. "jet" magazine not afraid to make history and doing it again with a ground breaking announcement. >>> supreme court justice scalia raising eyebrows with a comment he made about murdered and homosexuality. if we cannot have moral feelings against homosexuality can we have it against murder, can we have it against other things? our big question for you is should a supreme court justice equate the morality of human sexuality with murder? tweet me at thomasaroberts or find me on facebook. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social secur
meaningful conversations in a variety of subjects. i was going to deal with that problem with the fiscal cliff today, but gun violence is another area in america where it seems we can't have a discussion without delusional claims of overreach and taking away hunting rifles. congress won't even allow statistics on gun violence to be gathered, and we certainly have made no progress towards closing the gun show loophole. i come to the floor with a small array of hope. with nearly half of all military sue sides are committed with privately owned weapons, the pentagon and congress are moving towards establishing policies to separate at-risk service members from personal private weapons. congress is poised to enact legislation to end a prohibition about the military collecting information about firearms kept at home. these are simple commonsense steps for an armed services where more military personnel take their own life than who die in battle. perhaps if we can take these reasonable steps to protect our servicemen and their families, perhaps we can have the courage to treat the epidemic of g
over the fiscal cliff in january, senate democrats will be less eager to take on susan rice as the secretary of state nominee. they've said the president would win that fight. they don't want to worry about the massachusetts seat. but if they have all this stuff swap into january. >> a related issue -- >> no, i have a feeling this is not going to be related at all. >> very related. willie, what do you think the life expectancy is in new york city? >> male or female or just overall? >> anybody. what would you think? >> i'll say 81. >> it's 81. >> is it really? >> howard wolfson just tweeted -- >> i made that up. >> move to new york city. it is a remarkable thing. >> thanks. >> that gotham is -- you live longer here than you do on average in the rest of the country. 81. >> i pulled that out of thin air. i figured it was slightly higher than the national average. >> it's not 81. it's 80.9 years. i'm a politician, though. i round up. i gave you that. you live, in new york city, if you live here, till you're 87, on average. >> there it is. >> it's going to be 100. >> coming up --
of a crisis capitalism in a way or crisis governance. they create an energy by going over the fiscal cliff and then they say because we have this big emergency we need to do drastic things to defund mostly the domestic side of government, turn it over to private industry. that's their aim. it's to drown the government in their bathtub as grover norquist famously said. >> i know. that sounds like the late senator moynihan that the idea of supply side was basically to get rid of so much revenue the government had such big deficits that even liberals couldn't call for new programs. dana, your thoughts on that? >> that would be well and good except they're also getting all the taxes to go up at the same time so they're not achieving anything by that. the republicans realize they lose politically if we go over the fiscal cliff, but this isn't just a political thing. the country loses economically if we go over it and then everybody is going to suffer -- >> let's go back to normal world. assume everybody is rational for five seconds. >> i can't do that. >> dana, you first. you're here in washing
u.s. traders on edge not to mention the vagaries of the fiscal cliff. markets move with progress or lack of progress as the case may be. the congressional budget office says we could be back in recession the first half of next year if a deal is not reached. those are things they're watching. >> mandy drury at the new york stock exchange, thanks. >>> someone sign this kid up. this is christian balkner, giving the tampa bay buccaneers cheerleaders a run for their money. check him out. ♪ >> he is good. they call christian little steer, named after the mascot captain steer. in case you're wondering, yes, he can definitely teach you how to dougie. he is good. >> who are you talking about? oh, there was a little boy there also? >> nice, matt. >> when you said check this out, these guys -- >> in about eight years, that kid will be not be -- >> turning around a lot. >> al roker has your forecast. al? >> thank you so much. we've been talking about this system. first of all, it dumped a ton of snow in minneapolis, as you just heard, anywhere from 8 to 14" of snow before this thing finish
the fiscal cliff and with just 21 days left until the deadline, a new gallup poll shows most americans want congress to compromise on spending and tax cuts. 70% say republicans and democratic leaders should make a deal now, up eight points since last week. major garrett is at the white house covering the fiscal talks. good morning. >> reporter: good morning and good morning to our viewers out west. one thing has been agreed upon in the fiscal cliff talks, not to discuss the details. many look at this bipartisan silence and see an encouraging sign but white house and congressional sources tell me that while the atmosphere around these talks is positive between the president and speaker john boehner, when it gets to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >
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